Former Wells Fargo CEO Dick Kovacevich said Thursday on CNBC’s “Squawk Box” he still believes in the company’s technology and that there is a lot of misinformation out there. He also said more accurate information is on the way, according to CNBC.
“I think these are all normal things that happen with a startup, and there’s been excessive publicity for something that is not unusual in start-ups,” he said.
Editor’s Note: This article was updated on June 3, 2016 at 10:25 a.m. CT. It previously stated Dick Kovacevich was the CEO of Wells Fargo. He is a former CEO of Wells Fargo. We regret this error.
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